5 ways technology is impacting the insurance industry.

Technology is changing nearly every facet of life and that includes the business community. More often than not, technology impacts businesses for the better.  Some businesses in the insurance industry are definitely benefitting from technological advances. For many in the industry, the pace at which they are adopting new technologies has been slow compared to the demands of most customers.  One reason for this demand is that millennials are now a new customer base for insurance companies.  Many millennials are now of the age where they are beginning to purchase their own car and health insurance. Some are purchasing homes and some are even starting their own businesses.  What the industry has to deal with is the fact that millennials want to purchase coverage on their terms.  More frequently the place they want to buy coverage is online and via a mobile device.  Because millennials are demanding more out of their relationships with insurance companies many businesses within the industry are beginning to listen to their demands.  Continue reading “5 ways technology is impacting the insurance industry.” »

How Technology Culture Promotes Addiction

Technology is an invaluable resource to the world. It is a curator of amazing things, and by no means is it bad on its own. Before the days of the industrial revolution, people were apprehensive about technology. They were afraid because they didn’t know how it worked, and they didn’t know how the introduction of it into their world was going to change their daily lives. Continue reading “How Technology Culture Promotes Addiction” »

The Most Innovative Tech of 2016

The Electronic Numerical Integrator Analyzer and Computer (ENIAC) was one of the first and most famous consumer computers. Built at the University of Pennsylvania, the ENIAC was designed to do ballistics calculations for the U.S. Military during World War II and cost $500,000. Despite its daring innovation and entry into the personal computer market, the ENIAC weighed 30 tons and required 2,000 square feet of floor space. Continue reading “The Most Innovative Tech of 2016” »

Has the Development of 3-D Printing Tech Hit a Plateau?

Think back just a mere two or three years and the hot topic of the tech world was 3-D printing. There were pieces on all the possibilities 3-D printing opens up to creative people who’ve previously had to deal with manufacturing costs as a barrier to the progress of their exploration of the production process and there were all sorts of predictions, forecasts and general all-round excitement. As with all other forms of new technology which takes centre stage however, the natural life cycle of 3-D printing technology, preceded by its evolution has seen the costs associated with its acquisition decrease considerably. A 3-D printer costs way less these days than it might have about two to three years ago, but all the hype around 3-D printing seems to have died a spectacularly quiet death. This breeds the question of whether or not the development of 3-D printing tech has indeed hit a plateau. It definitely seems that way. Continue reading “Has the Development of 3-D Printing Tech Hit a Plateau?” »

The Ever-Increasing Need for Tech Support

The evolution of modern technology has changed the face of business for good. Organizations large and small rely heavily on the likes of technology to carry out day to day business tasks. From utilizing computer applications to accessing company data to investing in programs to help streamline processes, technology is all around. That being said, the need for IT professionals has increased. Continue reading “The Ever-Increasing Need for Tech Support” »